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Lemay-be I'm Amazed

Sale of 50,000-square-foot medical office building at 2900 Lemay Ferry Road in St. Louis, Missouri
Blueprint MOB team leverages local knowledge and relationships to successfully execute sale for long-standing client
Hired by public REIT to market this Class B medical office building, Blueprint’s MOB team successfully sourced multiple local bidders to create a competitive process and maximize proceeds for their client

In order to achieve a successful conversion play, Blueprint’s MOB team thought outside the box by finding local MOB and office buyers to solve for the short term in-place leases

Built in 1983, the 50,000-square-foot medical office building is located on a 4-acre parcel in the St. Louis MSA with an adjacent parcel ideally suited for future expansion and development

Strong surrounding healthcare presence, including 8 short-term acute care hospitals, were located within 10 miles of the building, making up more than 4,100 beds

An all-around win for both the buyer and seller, Blueprint continues to prove their value to the marketplace with creative solutions for the full spectrum of healthcare real estate assets

Eric Lee

Chris Lashmet